61 E Michelle DriveUnionWA98592
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Union at 61 E Michelle Drive, Union, WA, 98592 earns $461/mo cash flow from $3,196/mo rent with a $2,227/mo payment. Total monthly income totals $3,196/mo, and annual cash flow totals $5,531/yr on $150,833 capital. ROI tracks 23.58% on current figures, and rental yield reads 8.43% at a $455,000 purchase. Equity gained on principal adds $2,936/yr, and 5% annual appreciation supports $125,708 over five years. Five-year ROI reaches 122.26% and total cumulative return in cash sums $184,408. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,196/mo property income instead of your personal income.
Single Family
Built in 1988
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98592, Union, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,388 (100%) |
| Owner Occupied HU | 908 (65.4%) |
| Renter Occupied HU | 106 ( 7.6%) |
| Vacant Housing Units | 374 (26.9%) |
| Median Home Value | $553,763 |
| Average Home Value | $518,530 |
Housing Distribution
Address Breakdown
Residential
880
Single Family
880
Multi-Family
0
Businesses
64
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Listed by: Clinton Lemmon • eXp Realty
Mls Name: NWMLS
Mls ID: #2413981